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SIR SERVICES NY INC
Manalapan, NJ | Full Time
$86k-114k (estimate)
3 Weeks Ago
Underwriter
SIR SERVICES NY INC Manalapan, NJ
$86k-114k (estimate)
Full Time 3 Weeks Ago
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SIR SERVICES NY INC is Hiring an Underwriter Near Manalapan, NJ

SIR Services-NY, Inc. was formed in 1987 as a specialty niche market for apartment buildings and commercial buildings in New York utilizing programs and package polices. Coverages available are property, casualty, and boiler and machinery. We represent all A Rated carriers with comprehensive coverages. We pride ourselves by offering the best service and capabilities in the industry.

Join SIR Services NY Inc. as a Commercial Lines Underwriter specializing in Landlord Apartment buildings and Insurance for small urban and mixed-use properties. You will be responsible for account pipeline management, risk selection, qualification, and pricing within the program guidelines and objectives, and selling the proposal to insurance brokers. You'll communicate and negotiate directly with brokers and carriers. This encompasses tasks such as ensuring accurate underwriting information, determining eligibility, maintaining well-documented insurance files, addressing questions, resolving issues, and servicing change requests.

RESPONSIBILITIES

  • Handle new business/renewal accounts through outbound interaction with various carriers and brokers.
  • Work collaboratively and communicate effectively with internal sales staff on new business submissions.
  • Underwrite habitational risks by identifying and analyzing risk exposures, loss frequency and severity against desired coverage.
  • Develop relationships with both external and internal customers, with the "customer experience" in mind, and deliver exceptional experiences with every interaction, in all modes of communication.
  • Provide and create solutions for a broad range of inquiries from brokers and team members.
  • Adhere to rating rules with proper file documentation.
  • Identify opportunities to improve underwriting efficiencies.
  • Work independently within deadlines while understanding the necessity for communicating and coordinating work efforts with stakeholders.
  • Obtain and understand market intel and trends.
  • Handle work with a focus on underwriting profitability.

SKILLS & QUALIFICATIONS

  • Minimum of 3 years of Commercial Package/BOP underwriting experience.
  • Property and Casualty insurance license preferred (6 months preparation time permitted).
  • Strong understanding of habitational P&C policies preferred.
  • Commercial Real Estate Insurance knowledge preferred.
  • Eager for continual learning; professional designations are a plus.
  • Strong verbal and written communication skills including negotiation skills.
  • Must be self-driven, detail-oriented, comfortable in a growing ever-changing organization, and have strong organizational skills including time-management and prioritization.
  • Some travel may be required from time to time for team and broker meetings.

Job Type: Full-time

Pay: $70,000.00 - $90,000.00 per year

Benefits:

  • 401(k)
  • Dental insurance
  • Health insurance
  • Life insurance
  • Paid time off
  • Vision insurance

Schedule:

  • 8 hour shift
  • Monday to Friday

License/Certification:

  • Property & Casualty License (Required)

Work Location: In person

Job Summary

JOB TYPE

Full Time

SALARY

$86k-114k (estimate)

POST DATE

05/04/2024

EXPIRATION DATE

05/15/2024

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